Now showing items 1-20 of 20

    • The 2008 financial crisis and neoclassical economics 

      Bresser-Pereira, Luiz Carlos
      2010
      The 2008 global financial crisis was the consequence of the process of financialization, or the creation of massive fictitious financial wealth, that began in the 1980s, and of the hegemony of a reactionary ideology, namely, ...
    • An account of new developmentalism and its structuralist macroeconomics 

      Bresser-Pereira, Luiz Carlos
      2011
      This is a personal account of the definition of 'new developmentalism'- a national development strategy alternative to the Washington consensus -, and of a 'structuralist development macroeconomics': the sum of models that ...
    • After financial-rentier capitalism, structural change in sight? 

      Bresser-Pereira, Luiz Carlos
      2017
      Brexit and the election of Donald Trump are a symptom of the political crisis of globalization and neoliberalism. The secret of capitalism was in entrepreneurs who combined economic liberalism and individualism with ...
    • Burocracia pública e classes dirigentes no Brasil 

      Bresser-Pereira, Luiz Carlos
      2007
      Brazil underwent industrialization and major economic development during the period that spanned 1930 to 1980 This is the period of strategic national development initiated by Getulio Vargas and taken up again after the ...
    • Dívida grega: calote ou reestruturação? 

      Bresser-Pereira, Luiz Carlos
      2011
    • Do nacionalismo à dependência 

      Bresser-Pereira, Luiz Carlos
      2009
    • Uma escola de pensamento keynesiano-estruturalista no Brasil? 

      Bresser-Pereira, Luiz Carlos
      2011
      A new Keynesian-struturalist school of thought is emerging in Brazil. It is formed by a Structuralist Development Macroeconomics that offers scientific explanation to New Developmentalism - a national development strategy. ...
    • Five models of capitalism 

      Bresser-Pereira, Luiz Carlos
      2012
      Besides analyzing capitalist societies historically and thinking of them in terms of phases or stages, we may compare different models or varieties of capitalism. In this paper I survey the literature on this subject, and ...
    • Foreign savings, insufficiency of demand, and low growth 

      Bresser-Pereira, Luiz Carlos; Gala, Paulo
      2008
      There is a problem of insufficiency of demand for countries that accept to grow with foreign savings. Although medium-income countries are capital-poor countries, current account deficits (foreign savings) will increase ...
    • From the patrimonial state to the managerial state 

      Bresser-Pereira, Luiz Carlos
      2009
    • A graphic explanation on how a tax on exports neutralizes the Dutch disease without costs to exporters 

      Bresser-Pereira, Luiz Carlos
      2012
      The adequate way of neutralizing the Dutch disease is the imposition of a variable tax on the export of the commodity that originates the disease. If such tax is equivalent to the 'size' of the Dutch disease, it will shifts ...
    • The hegemony constraints in the neoliberal years of capitalism 

      Bresser-Pereira, Luiz Carlos
      2014
      Policy regimes are the historical forms that the state and the respective public policies assume when a given class coalition exercises a clear ideological hegemony. Public policies face not only economic and political ...
    • Historical models and economic syllogisms 

      Bresser-Pereira, Luiz Carlos
      2018
      This paper proposes a classification of economic models into three types: historical, axiomatic and conditional. Historical or empirical models utilize the historical-deductive method, and are generalizations from the ...
    • Inequality and the phases of capitalism 

      Bresser-Pereira, Luiz Carlos
      2014
      We live in a capitalist world characterized by economic inequality. Inequality is a real curse, but it does not have to always increase. In different phases of capitalism, it may be increasing, constant, or decreasing, ...
    • Public managers and the economists 

      Bresser-Pereira, Luiz Carlos
      2014
    • Structuralist macroeconomics and the new developmentalism 

      Bresser-Pereira, Luiz Carlos
      2012
      This paper first presents some basic ideas and models of a structuralist development macroeconomics that complements and actualizes the ideas of the structuralist development economics that was dominant between the 1940s ...
    • A theoretical framework for new developmentalism 

      Bresser-Pereira, Luiz Carlos; Oreiro, José Luis; Marconi, Nelson
      2014
    • The two forms of capitalism: developmentalism and economic liberalism 

      Bresser-Pereira, Luiz Carlos
      2017
      This paper argues that the state and the market are the main institutions regulating capitalism, and, correspondingly, that the form of the economic and political coordination of capitalism will be either developmental or ...
    • The value of the exchange rate and the dutch disease 

      Bresser-Pereira, Luiz Carlos
      2013
      This paper revisits the original (2008) paper on the Dutch disease, which defined it by the existence of two exchange rate equilibriums (the current and the industrial exchange rate equilibriums). Its novelty is in claiming ...
    • Why inequality does not fall 

      Bresser-Pereira, Luiz Carlos
      2010
      Inequality has existed ever since human societies were able to produce an economic surplus and turned into “civilized” empires. No theory of justice, whether meritocratic or liberal, will justify the ensuing inequality. ...